could I get some help please

Alesha Harrison is a sole trader who operates a pastry shop in Iguana Lane. She rents a small section of the shop to Liam Carr, for $450 per month. Liam sells iced coffee and occupies the rented space for nine (9) months of accounting year. The following trial balance was as at December 31, 2021. Particulars DR ($) CR($) Furniture 70,000 55,000 51,100 5,000 2,000 Motor Vehicle Purchases Wages Bad debts Donations to charity Provision for depreciation - Furniture Provision for depreciation - Motor Vehicle Capital Loan 1,250 3,800 2,000 50,000 27,000 5.000 Bank 3,050 Rent received from Liam Carr line.utech.edujm UTECHONLINE hologs, Jamaica Online Time rett 2:30:12 Loan 5,000 Bank 3,050 Rent received from Liam Carr 800 900 Discounts 700 1,200 Returns 600 7,000 2,800 Carriage inwards Rent paid Provision for bad debts Accounts payable Drawings Stock at January 1, 2021 31,300 2,300 4,300 3,500 Cash 40,000 Accounts receivable 130,000 Sales 3,500 Insurance 252.050 252.050 enantneutschuture UTECHONLINE M Notes Insurance owing was 5500, wages were prepaid $300 The provision for bad debt is to be adjusted to 5% of accounts receivable Stock at the year end was valued at $5,700, however it appears that in additional mount which is material was omitted from the accounts of 51.400. The amount was deemed should be accounted for in the financial statements d Furniture is to be depreciated at Xper annum using the rain balance method sedmo vehicle is to be depreciated at 10% based on the straight line method Required: a) Prepare Alesha Harrison's Statement of Profit or Loss for the year ended December 31, 201 b) Prepare Nesha Harrison's Statement of Financial Position as at December 31, 2001 Alesha and Liam have been in discussions and have indicated their interest in changing the different business types into a partnership because they have been hearing that there are several advantages to be gained. They are unsure as to what these advantages are. As an accounting student EXPLAIN three (3) advantages and two (2) disadvantages of a partnership